Debt (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Outstanding Debt

Summary of Debt by Financing Structure
(In millions)	Face Value			Book Value			Book Value
	March 31, 2015						December 31, 2014
CEOC	$	—		$	—		$	16,100
CERP	4,787			4,731			4,774
CGP LLC	2,382			2,323			2,326
CEC	8			8			13
Total Debt	7,177			7,062			23,213
Current Portion of Long-Term Debt	(71		)	(71		)	(15,779		)
Long-Term Debt	$	7,106		$	6,991		$	7,434

Outstanding Debt CEOC [Table Text Block]

CEOC Debt

As described in Note 4, we deconsolidated CEOC effective January 15, 2015. Therefore, no amounts are reported for CEOC debt as of March 31, 2015.

	Book Value
(In millions)	December 31, 2014
Credit Facilities (1)	$	5,162
Secured Debt	9,996
Subsidiary-Guaranteed Debt	479
Unsecured Senior Debt	463
Other Unsecured Borrowings	77
Total CEOC Debt	16,177
Additional Debt Discount	(77		)
Total CEOC Debt, as consolidated	$	16,100

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⁽¹⁾ Caesars Entertainment guarantees collection of amounts under the CEOC Credit Facilities (see Note 11).

Outstanding Debt CERP [Table Text Block]

CERP Debt

	Final Maturity	Rate(s)	Face Value			Book Value			Book Value
Detail of Debt (Dollars in millions)		March 31, 2015							December 31, 2014
Secured Debt
CERP Senior Secured Loan	2020	7.00%	$	2,469		$	2,426		$	2,431
CERP Revolver	2018	various	145			145			180
CERP First Lien Notes	2020	8.00%	1,000			995			994
CERP Second Lien Notes	2021	11.00%	1,150			1,142			1,142
Capitalized Lease Obligations	to 2017	various	11			11			13
Other Unsecured Borrowings
Other	2016	0.00% - 6.00%	12			12			14
Total CERP Debt			4,787			4,731			4,774
Current Portion of CERP Long-Term Debt			(38		)	(38		)	(39		)
CERP Long-Term Debt			$	4,749		$	4,693		$	4,735

Outstanding Debt CGP [Table Text Block]

CGP LLC Debt

	Final Maturity	Rate(s)	Face Value			Book Value			Book Value
Detail of Debt (Dollars in millions)		March 31, 2015							December 31, 2014
Secured Debt
CGPH Term Loan (1)	2021	6.25%	$	1,166		$	1,136		$	1,138
CGPH Notes (1)	2022	9.38%	675			661			661
Horseshoe Baltimore Credit and FF&E Facilities	2020	8.25% - 8.75%	330			321			321
Cromwell Credit Facility	2019	11.00%	184			180			180
Capital Lease Obligations	to 2016	various	3			3			4
Other	2018	8.00%	5			4			4
Other Unsecured Borrowings
Special Improvement District Bonds	2037	5.30%	14			14			14
Other	2016	various	5			4			4
Total CGP LLC Debt (2)			2,382			2,323			2,326
Current Portion of CGP LLC Long-Term Debt			(24		)	(24		)	(20		)
CGP LLC Long-Term Debt			$	2,358		$	2,299		$	2,306

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⁽¹⁾  Guaranteed by an indirect subsidiary of Caesars Growth Partners, LLC and certain of its wholly owned subsidiaries.

⁽²⁾  As of March 31, 2015, CIE had $40 million drawn under a revolver arrangement with Caesars Entertainment. Accordingly, such debt is not considered outstanding in the above presentation.